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Director, Third Party Risk Management

Standard Chartered Bank
Singapore
Posted 5 days ago Permanent Competitive
Director, Third Party Risk Management
Role Responsibilities
Strategy
  • Support the Executive Director, Third Party Risk Management in fully embedding Third Party Risk as an integrated risk type, fulfilling the requirements of second line oversight and challenge for all regulatory commitments.
  • Work closely with the Principal Risk Type teams and SMEs to ensure delivery of the embedding of Third Party Risk management into the Group's relevant Principal Risk Types.
  • Proactively engage with risk teams and the first line on a continuous basis to ensure that Third Party Risk is holistically managed.
Business
  • Conduct reviews and risk deep dives into Third Party types covering Outsourcing, Vendor, Non-Vendor and intragroup arrangements, engaging with relevant risk teams and the business.
  • Conduct deep dives, including risk analysis and monitoring, into material Third Parties.
  • Communicate confidently and clearly with senior stakeholders, taking a lead in working groups and other meetings.
Processes
  • As part of the risk deep dives and analysis, evaluate relevant existing controls and recommend new control requirements, where applicable.
  • Recommend enhancements to the policies and standards, where applicable, as a result of key gaps and issues identified.
Risk Management
  • Review and challenge of overall risk control environment for Third Party Risk.
  • Recommend enhancements to risk appetite metrics and thresholds for Third Party Risk, ensuring they are embedded within the respective principal risk types, as applicable.
  • Act quickly and decisively when any risk and control weaknesses become apparent, and ensure they are addressed within an appropriate timeframe and escalated through the Group Third Party Risk Management Committee.
Governance
  • Prepare and present deep dive analysis papers to the Group Third Party Risk Management Committee, including identification of any gaps or issues, and proposed remediation actions.
  • Embed the Group's values and code of conduct in Third Party Risk.
  • Ensure risk issues are escalated appropriately.
  • Support the annual evidence based effectiveness review of the Third Party Risk.
Regulatory and Business Conduct
  • Display exemplary conduct and live by the Group's Values and Code of Conduct.
  • Take personal responsibility for embedding the highest standards of ethics, including regulatory and business conduct, across Standard Chartered Bank. This includes understanding and ensuring compliance with, in letter and spirit, all applicable laws, regulations, guidelines and the Group Code of Conduct.
  • Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
Key Stakeholders
  • Country CROs
  • Regional / Country Heads of OR
  • Global Head of Supply Chain Management
  • Business Process Owners
  • Head Effectiveness review and Country Governance, ERM
  • Policy Owners and Standard Owners for Principal Risk types
  • Group Internal Audit

Our Ideal Candidate
  • 9+ Years of experience
  • Manage Risk, Manage conduct
  • Business Strategy and Model: Sharp business acumen (including ability to assess risk and appropriate levels of return), strong leadership qualities, excellent interpersonal skills and multi-cultural awareness and sensitivity.
  • Risk Management and Governance: Demonstrated track record of experience in governance and risk management.
  • Regulatory Framework and Requirements: Awareness and understanding of the regulatory framework, in which the firm operates.
  • Non-technical Skills: Significant relationship management experience - with internal and external stakeholders at the most senior levels, including regulators and rating agencies.
  • A clear understanding of the Bank's approach to the management of non-financial risks, or equivalent experience gained in other organisations.

Role Specific Technical Competencies
  • Data preparation and review skills.
  • Ownership and accountability for deliverables / action oriented.


About Standard Chartered
We're an international bank, nimble enough to act, big enough for impact. For more than 160 years, we've worked to make a positive difference for our clients, communities, and each other. We question the status quo, love a challenge and enjoy finding new opportunities to grow and do better than before. If you're looking for a career with purpose and you want to work for a bank making a difference, we want to hear from you. You can count on us to celebrate your unique talents. And we can't wait to see the talents you can bring us.

Our purpose, to drive commerce and prosperity through our unique diversity , together with our brand promise, to be here for good are achieved by how we each live our valued behaviours . When you work with us, you'll see how we value difference and advocate inclusion. Together we:
  • Do the right thing and are assertive, challenge one another, and live with integrity, while putting the client at the heart of what we do
  • Never settle, continuously striving to improve and innovate, keeping things simple and learning from doing well, and not so well
  • Be better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term
In line with our Fair Pay Charter, we offer a competitive salary and benefits to support your mental, physical, financial and social wellbeing.
  • Core bank funding for retirement savings, medical and life insurance, with flexible and voluntary benefits available in some locations
  • Time-off including annual, parental/maternity (20 weeks), sabbatical (12 weeks maximum) and volunteering leave (3 days), along with with minimum global standards for annual and public holiday, which is combined to 30 days minimum
  • Flexible working options based around home and office locations, with flexible working patterns
  • Proactive wellbeing support through Unmind, a market-leading digital wellbeing platform, development courses for resilience and other human skills, global Employee Assistance Programme, sick leave, mental health first-aiders and all sorts of self-help toolkits
  • A continuous learning culture to support your growth, with opportunities to reskill and upskill and access to physical, virtual and digital learning
  • Being part of an inclusive and values driven organisation, one that embraces and celebrates our unique diversity, across our teams, business functions and geographies - everyone feels respected and can realise their full potential.
Recruitment assessments - some of our roles use assessments to help us understand how suitable you are for the role you've applied to. If you are invited to take an assessment, this is great news. It means your application has progressed to an important stage of our recruitment process.
Visit our careers website www.sc.com/careers
Job ID  2200022931
ABOUT COMPANY
London, United Kingdom
85000 Employees Corporate Banking
We’re an international bank, nimble enough to act, big enough for impact. For more than 160 years, we’ve worked to make a positive difference for our ...
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